Fewer Albertans Behind On Mortgage Payments In November 2012

The latest mortgage arrears statistics were released by the CBA today showing that fewer Albertans were in arrears in the month of November.

A total of 2,680 Alberta residential mortgage holders were in arrears by 3 or more months in November, down -4.6% from October and -28.8% fewer than November 2011.

The overall arrears rate for Alberta now sits at 0.51%, the lowest level since March 2009.

You can view the rest of the provinces by downloading the full report here

Alberta Mortgage Arrears (click to enlarge image)

Alberta Mortgage Arrears (click to enlarge image)

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